991.1 GT3-RS: GOOD TIME TO BUY...??

991.1 GT3-RS: GOOD TIME TO BUY...??

Author
Discussion

Cheib

23,248 posts

175 months

Wednesday 14th March 2018
quotequote all
Swimfinz said:
Dammit said:
Best case scenario is a recession twice as bad as the last financial crash- for London. Head North East and it gets pretty dire. We are in for trouble, shortly.
Bloody hell— I think I might need some Prozac to go with my morning latte...!! I was feeling quite chipper before I read that post...!!

I’m no financial expert, so unable to comment on the likelihood of such catastrophic fiscal events, however: if such a financial crash does happen, i’ll probs have more pressing concerns than just my cars....!!

RSVP— What a stunner....!! Yep— you’ve certainly got me reconsidering whether the 991 model is necessarily the best option here.... As a die-hard manual shift lover— and someone who REALLY misses the “tactility” of my 987 Spyder (should have never sold that car...!!), the 997.2 RS does tick many of the boxes.....

There is currently one at PPM, although it does seem a tad overpriced atm, considering 911 Sport sold an almost identical car for £10k less recently.... Although it is pretty gorgeous...!!

https://www.pistonheads.com/classifieds/used-cars/...

I’ll keep pondering— first world problems and all that...!! That is, if I don’t jump in front of a train at the prospect of losing my job/house etc. following Brexit....!!
Give JZM a call. As I said about they had a White with Red decals 997.2 RS with I think 22k miles which had just arrived and was due to be advertised for £152k. Not on their website so maybe it's sold.

Taffy66

5,964 posts

102 months

Wednesday 14th March 2018
quotequote all
Dammit said:
I'm someone who can read the governments own forecasts on the matter.
I agree with you 100% as i'm also able to read between the lines..It'll happen sooner rather than later but not caused by Brexit IMO..The cause will be very low UK productivity coupled with sky high Government and consumer debt.

Porsche911R

21,146 posts

265 months

Wednesday 14th March 2018
quotequote all
Taffy66 said:
I agree with you 100% as i'm also able to read between the lines..It'll happen sooner rather than later but not caused by Brexit IMO..The cause will be very low UK productivity coupled with sky high Government and consumer debt.
Philip Hammond says The UK economy is growing at a slightly faster rate than predicted in November and borrowing is down.

just sayin ;-)

MDL111

6,940 posts

177 months

Wednesday 14th March 2018
quotequote all
Given all of the above, I’d suggest a 997.2 RS LHD - can pick one up cheaper than the RHD cars, as pointed out more limited than the 991 and LHD gives you a large resale market in case the UK does run into serious trouble

Imo thanks to the manual also a car that you might be happier with in the long term

Dammit

3,790 posts

208 months

Wednesday 14th March 2018
quotequote all
Porsche911R said:
Philip Hammond says The UK economy is growing at a slightly faster rate than predicted in November and borrowing is down.

just sayin ;-)
You're "just sayin" that you have no idea what you are talking about.




Edited by Dammit on Wednesday 14th March 12:36

Porsche911R

21,146 posts

265 months

Wednesday 14th March 2018
quotequote all
Dammit said:
You're "just sayin" that you have no idea what you are talking about.
correct, I have no clue. but to say we are going to have a recession TWICE as big as the last one is a bold claim, we may as well not bother if true, (which it's not)

when it was quoted yesterday "UK economy is growing at a slightly faster rate than predicted "

I am self employed and visit a lot of companies, all are growing, this doom and gloom is just a anti Brexit London vibe I feel.
House prices are up here by 20% and every thing is selling in days.

to quote the Reuters site you like.

The country’s official budget forecasters now expect gross domestic product will grow by 1.5 percent in 2018, compared with a forecast of 1.4 percent made in November.

Makes your graph out of date !

just sayin ;-)

Edited by Porsche911R on Wednesday 14th March 12:42

Dammit

3,790 posts

208 months

Wednesday 14th March 2018
quotequote all
And if you believe what you are saying then you absolutely should leverage yourself to the max and buy both a house and a new Porsche - you'll very much deserve what happens next.

That graph was published in the FT today - hardly out of date.

The governments forecasts for Brexit show a loss (i.e. negative growth) of between 5 to 8 percent.

The financial crash got to -2%, so yes - more than twice that.

There are no scenarios where we grow, post Brexit - we lose in all of them.

So - buy the car if you can afford to lose it, if you can't then maybe wait, or move to a different country and buy one there.



Edited by Dammit on Wednesday 14th March 12:48

Porsche911R

21,146 posts

265 months

Wednesday 14th March 2018
quotequote all
Dammit said:
And if you believe what you are saying then you absolutely should leverage yourself to the max and buy both a house and a new Porsche - you'll very much deserve what happens next.
I own everything I have, it makes no odds to me, I would rather 8% interest rates.

economist's are always wrong and bias round London doom and gloom anti Brexit bullst.

I don't believe it, I am quoting Reuters site like you did and Hammonds report from yesterday !

None of it my words you notice :-)

Edited by Porsche911R on Wednesday 14th March 12:53

Dammit

3,790 posts

208 months

Wednesday 14th March 2018
quotequote all
You will deserve everything you get, I think.

Porsche911R

21,146 posts

265 months

Wednesday 14th March 2018
quotequote all
Dammit said:
You will deserve everything you get, I think.
What does that even mean ? I see you are in London lol so must be anti brexit.

Dammit

3,790 posts

208 months

Wednesday 14th March 2018
quotequote all
You are clearly planning based on a total misunderstanding of reality, a misunderstanding that you are very happy with.

So plan away - but don't be surprised when your ignorance meets reality, which I suspect won't be a very comfortable landing for you.

Porsche911R

21,146 posts

265 months

Wednesday 14th March 2018
quotequote all
Dammit said:
You are clearly planning based on a total misunderstanding of reality, a misunderstanding that you are very happy with.

So plan away - but don't be surprised when your ignorance meets reality, which I suspect won't be a very comfortable landing for you.
I hope car prices crash, I'll buy a 997.2 RS for £50k :-) and I fancy a 964 for £10k.

so no back up then, hence why forums start to take a nasty tone when asked ....


Robbo66

3,834 posts

233 months

Wednesday 14th March 2018
quotequote all
It's not a 'good time to buy'. That will be in November 18. Applies to any car, but the 991.1RS will suffer for other obvious reasons.
The 997.2RS is a far more tactile and involving car, as RSVP eluded to. Better bet for your cash too.


Dammit

3,790 posts

208 months

Wednesday 14th March 2018
quotequote all
Porsche911R said:
so no back up then, hence why forums start to take a nasty tone when asked ....
? I don't understand what you're trying to say here.



JulierPass

641 posts

230 months

Wednesday 14th March 2018
quotequote all
Dammit said:
? I don't understand what you're trying to say here.
I fully appreciate your point of view Dammit. 911 R is hard work at the best of times, so best ignored.

lowndes

807 posts

214 months

Wednesday 14th March 2018
quotequote all
Most recent FT Weekend

Rarefied end of the market of course, but perhaps one more straw in the wind of change.


Porsche911R

21,146 posts

265 months

Wednesday 14th March 2018
quotequote all
Dammit said:
? I don't understand what you're trying to say here.
I feel the same with your comments, lets leave it at that.

Dammit

3,790 posts

208 months

Wednesday 14th March 2018
quotequote all
That’s tragic.

AndrewD

7,537 posts

284 months

Wednesday 14th March 2018
quotequote all
A plea not to turn an innocent car thread into crystal ball gazing either side of the Brexit camp!

Social media was full of this claptrap with nobody ever changing their minds, on the whole, and nobody with a clue what really is going to happen.

Another vote here for 997.2 RS or manual 991.2 GT3 over a 991.1 RS.

Swimfinz

Original Poster:

315 posts

108 months

Wednesday 14th March 2018
quotequote all
AndrewD said:
A plea not to turn an innocent car thread into crystal ball gazing either side of the Brexit camp!
Agree— can we please stick to car related discussions on this thread.....?? The input so far has been really informative, and is having a big influence on my potential next GT purchase....

Having not previously even considered the 997.2 3RS, I can now see it makes the most sense for me: it combines all the best features of my 987 Spyder (hydraulic steering, manual shifter, general feedback...) with a proper GT motor (something even my beloved GT4 lacks...!!). As an added bonus— I may well lose less come resale..... Hopefully a “win-win”....!

Just goes to show, I guess: the “latest” is not always the “greatest”....!!

I’m on the hunt— cheers all for your well informed feedback....!! I always know I can rely on the Porsche Pistonhead posse to come up trumps...!! This forum has helped me no end in both my 987 Spyder purchase, and my subsequent GT4 purchase.... So: thanks all....!!

Out of interest— why do the LHD cars sell for soooo much less than the RHD models....?? Surely the global market for LHD is greater...?? Have never quite got my head around that one...!! A LHD 991.1 GT3-RS, for example, can be had for £20k less than a similarly specced RHD model...!! Seems insane....